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University of Nebraska - Lincoln

Department of Industrial and Management Systems Engineering: Dissertations, Theses, and Student Research

2012

Dynamic programming

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Quantity And Capacity Expansion Decisions For Ethanol In Nebraska And A Medium Sized Plant, Mahsa Khoshnoud Jul 2012

Quantity And Capacity Expansion Decisions For Ethanol In Nebraska And A Medium Sized Plant, Mahsa Khoshnoud

Department of Industrial and Management Systems Engineering: Dissertations, Theses, and Student Research

Corn-based ethanol is the leader of sustainable sources of energy in the United States due to the abundance of corn and the popularity of ethanol-gasoline mixes. Over the past decade, ethanol production has risen from 1.5 million gallons in 1999 to 13 million gallons in 2011. This increase in production requires expansion of ethanol plants. Since Nebraska is the second highest producer of ethanol, we focus our research on the expansion of ethanol plants in Nebraska.

The aim of this study is to develop an optimization model for capital investments in ethanol in Nebraska and a medium sized ethanol plant …